A shopkeeper buys a packet of papers are to be 64 for package is 10 rupees 4 on transport of each packet a what price should he sell the packet to gain 16%
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Given
Package=64
Cost of 1 package=10 and 4 transport charge
So total Cp of 1 package=₹14
And cp of 64 package=64x14=₹896
Now he wants to earn 16% profit
So
Sp=cpx(100+profit %) /100
=896x116/100=1039.36
Sp of 1 package=1039.36/64
=₹16.24
This is ur ans hope it will help you in case of any doubt comment below
Package=64
Cost of 1 package=10 and 4 transport charge
So total Cp of 1 package=₹14
And cp of 64 package=64x14=₹896
Now he wants to earn 16% profit
So
Sp=cpx(100+profit %) /100
=896x116/100=1039.36
Sp of 1 package=1039.36/64
=₹16.24
This is ur ans hope it will help you in case of any doubt comment below
vijayakalase:
thank you
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